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BKGR African Markets Review 07 06 2021

  • In Morocco, the laboratory SOTHEMA should provide the aseptic filling facilities necessary for the manufacture of the anti-Covid-19 vaccine, according to the business press;
  • In Tunisia, the financial situation of the National Railway Company of Tunisia is going from bad to worse with cumulative losses of the company that should increase in 2020 to reach TND 800m, against TND 682m in 2019; 
  • In Egypt, the Minister of Trade and Industry has held talks with Iraq’s Minister of Planning to discuss means of tripartite economic integration between the two countries and Jordan;
  • Among the covered African markets, the Nairobi Securities Exchange closed this session on the highest daily performance (+1.61%) while the Casablanca Stock Exchange ended the day in the red (-1.17%).
Provider
BMCE Capital Global Research
BMCE Capital Global Research

BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.

Analysts
Ghita BENIDER

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